{"id":74971,"date":"2024-04-02T01:44:10","date_gmt":"2024-04-02T05:44:10","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=74971"},"modified":"2024-04-02T01:44:39","modified_gmt":"2024-04-02T05:44:39","slug":"shiba-inu-team-highlights-knine-listing-price-rally","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/shiba-inu-team-highlights-knine-listing-price-rally\/","title":{"rendered":"Shiba Inu Team Highlights KNINE Listing, Price Rally"},"content":{"rendered":"\n

Shiba Inu's K9<\/a> Finance partnership-born LSD token, KNINE, gained traction today as BitMart announced plans to list it.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

Today, April 2, a notable member of the Shiba crypto community<\/a> announced an imminent listing for KNINE, an LSD (liquid staking derivative) token associated with Shiba Inus.\u00a0<\/p>\n\n\n\n

As a result, the token attracted considerable investor interest.<\/p>\n\n\n\n

The renowned crypto trading platform disclosed in a recent post on X that it intends to list the KNINE token on its platform and begin trading today, in addition to extending support for the token.<\/p>\n\n\n\n

Moreover, the partnership between Shiba Inu and K9 Finance, a liquid staking derivative (LSD) platform for the Shibarium network, produced the KNINE token.<\/p>\n\n\n\n

However, its objective is to promote and facilitate DeFi (decentralized finance) via Shibarium, the layer two solution of Shiba Inu.<\/p>\n\n\n\n

BitMart To List KNINE<\/h2>\n\n\n\n

SHIB Knight has reported that BitMart is preparing to list the KNINE token \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>on its platform at 15:00 UTC today, April 2nd.<\/p>\n\n\n\n

Concurrently, at 3:00 PM UTC today, trading for the trading pair KNINE\/USDT is scheduled to commence. This listing is scheduled to occur on the platform.<\/p>\n\n\n\n

\n

Official $SHIB<\/use><\/svg><\/span><\/a> Partner $KNINE<\/use><\/svg><\/span><\/a> will list on @BitMartExchange<\/use><\/svg><\/span><\/a> Tomorrow.

Congrats on the new listing. Let's Moon Together! \ud83d\udd25\ud83d\ude80 https:\/\/t.co\/rHApwjJMAu<\/use><\/svg><\/span><\/a><\/p>— $SHIB KNIGHT (@army_shiba) April 1, 2024<\/use><\/svg><\/span><\/a><\/blockquote>

This signifies an essential achievement for the KNINE LSD token, which has steadily progressed in its cryptographic endeavors since its recent entry into the crypto\u00a0industry.<\/p>\n\n\n\n

Meanwhile, there is widespread interest among crypto market enthusiasts in the token, as its price has dropped significantly today, contrasting with the token's optimistic listing news.<\/p>\n\n\n\n

Notably, as has been observed previously, the price movement of cryptocurrencies after their listing histories on exchanges is quite turbulent.<\/p>\n\n\n\n

Numerous cryptocurrencies, including Blur, DYM, and others, experienced extraordinary rallies after their listings, whereas tokens such as RONIN experienced an abrupt drop.<\/p>\n\n\n\n

This resulted in widespread speculation over KNINE's future price action, as the LSD token appears to be preparing for a decline since the listing news surfaced on the market.<\/p>\n\n\n\n

KNINE Dips<\/h2>\n\n\n\n

At the time of writing, the price of the KNINE token has dipped 8.24% in the past 24 hours and is currently trading at $0.00009063.<\/p>\n\n\n\n

As a result, SHIB's partner token gained a bearish tint today, in contrast to the optimistic sentiments that arose in response to the listing announcement.<\/p>\n\n\n\n

However, with BitMart's support for KNINE's listing, crypto market enthusiasts anticipate a more moderate impact from the token in the future.<\/p>\n\n\n\n

Meanwhile, KNINE's drop today looks consistent with the overall slump in Shiba Inu\u00a0since SHIB's stock<\/a> also fell significantly today.<\/p>\n\n\n\n

The token Shiba Inu last traded at $0.00002692 with a 10.89% decline over the past 24 hours; this contributed to conjecture regarding forthcoming price action shifts.<\/p>\n","protected":false},"excerpt":{"rendered":"

Shiba Inu’s K9 Finance partnership-born LSD token, KNINE, gained traction today as BitMart announced plans to list it. Today, April 2, a notable member of the Shiba crypto community announced an imminent listing for KNINE, an LSD (liquid staking derivative) token associated with Shiba Inus.\u00a0 As a result, the token attracted considerable investor interest. The […]<\/p>\n","protected":false},"author":56,"featured_media":74974,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[19012,17838],"class_list":["post-74971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-shiba-inu-bulls","tag-shiba-inushib"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/04\/Shiba-Inu-Team-Highlights-KNINE-Listing-Price-Rally.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/74971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=74971"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/74971\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/74974"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=74971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=74971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=74971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}